From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #725 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Wednesday, October 20 1999 Volume 02 : Number 725 In this issue: Re: [CANSLIM] Historical Quote Source RE: [CANSLIM] LLUR-Lower Left to Upper Right Re: [CANSLIM] LLUR-Lower Left to Upper Right Re: [CANSLIM] HTMMIS (was LLUR) [CANSLIM] follow through day? Re: [CANSLIM] follow through day? Re: [CANSLIM] follow through day? [CANSLIM] aol, nsol cup and handle Re: [CANSLIM] follow through day? Re: [CANSLIM] follow through day? ---------------------------------------------------------------------- Date: Tue, 19 Oct 1999 23:44:24 -0400 From: inderjit singh Subject: Re: [CANSLIM] Historical Quote Source Try this site: http://www.estatevaluations.com It works Have a nice Wednesday.... Inderjit Joan Sherman wrote: > Does anybody know of a site that gives you the day's market > activity for a specific day in question. I need to find this for > my husband who does estate valuations. Thanks, > Joan Sherman > The Fortune Cookie > > - - - ------------------------------ Date: Tue, 19 Oct 1999 22:00:00 -0600 From: "Dan Sutton" Subject: RE: [CANSLIM] LLUR-Lower Left to Upper Right Sam, As I recall the term LLUR was coined by a former member of the list named James Taylor. He uses the pattern to identify strong candidates that he then recommends on his website (The Taylor Trader). There are many chart patterns that can help trade profitably (cup and handles, bases, breakouts and LLUR), but you must become an expert at interpreting and acting upon them based on your own trading skill and risk tolerance. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of sam morrison Sent: Tuesday, October 19, 1999 9:30 PM To: canslim@lists.xmission.com Subject: [CANSLIM] LLUR-Lower Left to Upper Right From a longtime lurker and very infrequent poster: Chart pattern LLUR. I know what they look like. TXN is my prime example. Question: 1) Is there a prefered buypoint as far as price/volume action? Question: 2) Does WON write about this in his HTMMIS? (How to make money in stocks) - - - - ------------------------------ Date: Tue, 19 Oct 1999 23:13:03 -0500 From: Dave Cameron Subject: Re: [CANSLIM] LLUR-Lower Left to Upper Right Dan Sutton wrote: > > Sam, > As I recall the term LLUR was coined by a former member of the list named > James Taylor. He uses the pattern to identify strong candidates that he then > recommends on his website (The Taylor Trader). I second this observation. James posted quite extensively on this site. His methods were not strictly CANSLIM, but they had (have?) a discipline to them. The visualization is definitely that of an upward staircase. James could be a bit abrasive, but he has some good ideas - and has probably made some people richer. If you're interested - he has a forum that used to reside at upupandaway.com. I don't know if it is still active. I participated for a while - but reverted to losing my money in other ways before returning to pure CANSLIM. Dave Cameron dfcameron@ameritech.net - - ------------------------------ Date: Wed, 20 Oct 1999 07:20:10 -0400 From: inderjit singh Subject: Re: [CANSLIM] HTMMIS (was LLUR) Greetings: Since Tom has distributed free all the copies of HTMMIS by WON he had, he= re is an opportunity for any of the members on the list to own this book for $5= plus postage and handling. In addition you can get three additional books/vide= os for free. Sounds like a commercial? Here is the information: PRISTINE.COM - FREE BOOK OFFER THREE FREE BOOKS (a $150 value) with any purchase. Click here to save! http://www.invest-store.com/pristine/pr1018.html SPECIAL OFFER - Purchase any book utilizing the above link and the following THREE investment books will be added to your order and appear in your shopping cart automatically! The Trader=92s Tax Survival Guide by Ted Tesser reg. $79.95 Options Essentials (a 90 min. video) by Mike Halloran reg. $29.95 Trading, Sex and Dying by Juel Anderson reg. $39.95 Item #2035 How to Make Money in Stocks By William J. O=92Neil Reg $10.95, YOU PAY ONLY $5 For more huge discounts click here and visit our firesale page http://www.invest-store.com/pristine/pr1018.html Regards Inderjit sam morrison wrote: > >From a longtime lurker and very infrequent poster: > > Chart pattern LLUR. I know what they look like. TXN is my prime example. > Question: 1) Is there a prefered buypoint as far as price/volume actio= n? > Question: 2) Does WON write about this in his HTMMIS? (How to make mo= ney > in stocks) > > - - - ------------------------------ Date: Wed, 20 Oct 1999 12:41:33 -0700 (PDT) From: rolatzi Subject: [CANSLIM] follow through day? Have we hit the bottom and does today constitute a valid follow through? Johan, are you back in the market with any of the list of stocks from last week? thanks rolatzi ===== __________________________________________________ Do You Yahoo!? Bid and sell for free at http://auctions.yahoo.com - - ------------------------------ Date: Wed, 20 Oct 1999 22:53:31 +0100 From: "Marc Laniado" Subject: Re: [CANSLIM] follow through day? Hi Rolatzi, I know you posted to Johan and I hope you don't mind my two pennies. I got back in the market when there wasn't a strong increase in the A/D line - that usually occurs, as you know, when the small caps, financial and interest-rate sernsitive stocks (as in the NYSE) pull through. I won't recognise this as a the bottom till that occurs and unless there's a strong rebound either tomorrow as well or over the next week But, as you know, the market humbles a lot of us, including me recently! Best wishes, Marc - ----- Original Message ----- From: rolatzi To: Sent: Wednesday, October 20, 1999 8:41 PM Subject: [CANSLIM] follow through day? > > Have we hit the bottom and does today constitute a valid follow > through? Johan, are you back in the market with any of the list > of stocks from last week? > thanks > rolatzi > > ===== > > __________________________________________________ > Do You Yahoo!? > Bid and sell for free at http://auctions.yahoo.com > > - > > - - ------------------------------ Date: Wed, 20 Oct 1999 19:31:54 -0400 From: Hugh Fader Subject: Re: [CANSLIM] follow through day? Rolatzi, I'm quoting from memory, so this may not be precise. A followthrough day occurs when you have an increase of 1% in one of the indices accompanied by an increase in volume four to ten days into a rally. Assuming Monday is the beginning of a rally, it is too early to consider this a follow-through day. Hugh rolatzi wrote: > Have we hit the bottom and does today constitute a valid follow > through? Johan, are you back in the market with any of the list > of stocks from last week? > thanks > rolatzi > > ===== > > __________________________________________________ > Do You Yahoo!? > Bid and sell for free at http://auctions.yahoo.com > > - - - ------------------------------ Date: Wed, 20 Oct 1999 20:45:54 EDT From: Mypiason3@aol.com Subject: [CANSLIM] aol, nsol cup and handle now only if the market will turn - - ------------------------------ Date: Wed, 20 Oct 1999 17:49:58 -0700 (PDT) From: rolatzi Subject: Re: [CANSLIM] follow through day? Hugh, Thanks. I was aware of the rules but was wondering if we had closed up from the bottom with a follow through day. In looking over the data it seems to me that we had a bottom on Monday October 18 on the DJ30, NY Average and NASDAQ. Today we had follow through days on both DJ30 and NYA but we had declining volume on the NASDAQ so no follow through here. Do people agree with that analysis? Thanks, rolatzi - --- Hugh Fader wrote: > Rolatzi, > > I'm quoting from memory, so this may not be precise. A > followthrough > day occurs when you have an increase of 1% in one of the > indices > accompanied by an increase in volume four to ten days into a > rally. > Assuming Monday is the beginning of a rally, it is too early > to > consider this a follow-through day. > > Hugh > > rolatzi wrote: > > > Have we hit the bottom and does today constitute a valid > follow > > through? Johan, are you back in the market with any of the > list > > of stocks from last week? > > thanks > > rolatzi > > > > ===== > > > > __________________________________________________ > > Do You Yahoo!? > > Bid and sell for free at http://auctions.yahoo.com > > > > - > > > - > > ===== __________________________________________________ Do You Yahoo!? Bid and sell for free at http://auctions.yahoo.com - - ------------------------------ Date: Wed, 20 Oct 1999 21:53:43 -0700 From: Earl Setser Subject: Re: [CANSLIM] follow through day? >From WON's 26 week course (see below), it indicates we should be looking for days 4-7. Today was day 3 by my count, so I agree with others that we are a little early for a follow-through. I've also noticed that IBD seems to value an upturn of the A/D line to confirm the follow-through. I'm not sure where we stand on that one (until the paper comes), but they really pooh-poohed the last follow-through day based on limited breadth. I'm guessing we will see similar notes in tomorrow's paper. "One of these attempted rallies will finally ''follow through,'' showing real power, indicated by one or more of the indexes (Dow, S&P 500 or Nasdaq composite) closing up 1% or more, with a significant jump in volume from the day before. You can't tell much on the first or second day of a rally with all its exuberance. Short sellers, who sell borrowed shares in hopes the price will drop, also rush in to buy back their shares. The rally has yet to prove itself and still may be false. The market often settles back for a day or more. If it comes on again with clearly overwhelming power, you may have a valid follow-through trading session. This second confirmation of a new upturn in the market will usually occur the fourth through the seventh day of the attempted rally." At 05:49 PM 10/20/99 -0700, you wrote: >Hugh, > >Thanks. I was aware of the rules but was wondering if we had >closed up from the bottom with a follow through day. In looking >over the data it seems to me that we had a bottom on Monday >October 18 on the DJ30, NY Average and NASDAQ. Today we had >follow through days on both DJ30 and NYA but we had declining >volume on the NASDAQ so no follow through here. Do people agree >with that analysis? >Thanks, >rolatzi > >--- Hugh Fader wrote: >> Rolatzi, >> >> I'm quoting from memory, so this may not be precise. A >> followthrough >> day occurs when you have an increase of 1% in one of the >> indices >> accompanied by an increase in volume four to ten days into a >> rally. >> Assuming Monday is the beginning of a rally, it is too early >> to >> consider this a follow-through day. >> >> Hugh >> >> rolatzi wrote: >> >> > Have we hit the bottom and does today constitute a valid >> follow >> > through? Johan, are you back in the market with any of the >> list >> > of stocks from last week? >> > thanks >> > rolatzi >> > >> > ===== >> > >> > __________________________________________________ >> > Do You Yahoo!? >> > Bid and sell for free at http://auctions.yahoo.com >> > >> > - >> >> >> - >> >> > > >===== > >__________________________________________________ >Do You Yahoo!? >Bid and sell for free at http://auctions.yahoo.com > >- > > > - - ------------------------------ End of canslim-digest V2 #725 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.